SEC Hack Triggers $220 Million in Crypto Liquidations and Spot Bitcoin ETF Approval: What Happened?

SEC Hack Triggers $220 Million in Crypto Liquidations and Spot Bitcoin ETF Approval: What Happened?

SEC Mishap Triggers $220 Million In Crypto Liquidations A fake tweet from the SEC’s hacked Twitter account claiming approval of Spot Bitcoin ETFs triggered a surge in prices followed by a crash, leading to $220 million in liquidations and losses for 70,000 traders. Long traders suffered the most, with $133.5 million in liquidations compared to … Read more